BELGIAN OPTICAL SUPPLY: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BELGIAN OPTICAL SUPPLY
Largest movements
- Receivables within one year +€55,591
up €55,591 (+68.6%), from €81,026 to €136,617
of which Trade receivables: +€65,350
- Tangible fixed assets -€23,841
down €23,841 (-18.2%), from €130,834 to €106,993
of which Furniture and vehicles: -€16,057
- Stocks and contracts -€20,319
down €20,319 (-25.6%), from €79,298 to €58,979
- Cash +€19,503
up €19,503 (+13.9%), from €140,272 to €159,774
mainly Trade debts (+€45,446) and Depreciation (+€42,810)
- Trade debts +€45,446
up €45,446 (+29.3%), from €154,907 to €200,353
- Tax, wage and social debts +€20,174
up €20,174 (+145%), from €13,874 to €34,047
of which Taxes: +€15,045
- Debts after one year -€19,118
down €19,118 (-100%), from €19,118 to €0
- Current portion of long-term debt -€9,320
down €9,320 (-32.8%), from €28,437 to €19,118
- Profit (loss) carried forward -€6,324
down €6,324 (-1.3%), from -€473,870 to -€480,194
- Gross operating margin +€22,861
up €22,861 (+27.2%), from €83,984 to €106,844
- Financial charges +€10,306
up €10,306 (+367%), from €2,806 to €13,112
- Financial income +€3,446
up €3,446 (+94.0%), from €3,667 to €7,113
- Depreciation -€1,167
down €1,167 (-2.7%), from €43,976 to €42,810
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €432,877 | €462,814 | +€29,937 | +6.9% |
| Fixed assets | 21/28 | €130,834 | €106,993 | -€23,841 | -18.2% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €130,834 | €106,993 | -€23,841 | -18.2% |
| Plant, machinery and equipment | 23 | €25,253 | €30,304 | +€5,051 | +20.0% |
| Furniture and vehicles | 24 | €38,712 | €22,656 | -€16,057 | -41.5% |
| Other tangible fixed assets | 26 | €66,869 | €54,033 | -€12,836 | -19.2% |
| Current assets | 29/58 | €302,043 | €355,820 | +€53,778 | +17.8% |
| Stocks and contracts in progress | 3 | €79,298 | €58,979 | -€20,319 | -25.6% |
| Stocks | 30/36 | €79,298 | €58,979 | -€20,319 | -25.6% |
| Amounts receivable within one year | 40/41 | €81,026 | €136,617 | +€55,591 | +68.6% |
| Trade receivables | 40 | €71,267 | €136,617 | +€65,350 | +91.7% |
| Other amounts receivable | 41 | €9,759 | €0 | -€9,759 | -100% |
| Cash at bank and in hand | 54/58 | €140,272 | €159,774 | +€19,503 | +13.9% |
| Deferred charges and accrued income | 490/1 | €1,447 | €450 | -€997 | -68.9% |
| Total equity and liabilities | 10/49 | €432,877 | €462,814 | +€29,937 | +6.9% |
| Equity | 10/15 | €57,653 | €51,329 | -€6,324 | -11.0% |
| Contributions | 10/11 | €56,000 | €56,000 | = | 0.0% |
| Reserves | 13 | €475,523 | €475,523 | = | 0.0% |
| Distributable reserves | 133 | €475,523 | €475,523 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€473,870 | -€480,194 | -€6,324 | -1.3% |
| Amounts payable | 17/49 | €375,224 | €411,485 | +€36,261 | +9.7% |
| Amounts payable after more than one year | 17 | €19,118 | €0 | -€19,118 | -100% |
| Financial debts | 170/4 | €19,118 | €0 | -€19,118 | -100% |
| Amounts payable within one year | 42/48 | €356,107 | €411,485 | +€55,378 | +15.6% |
| Current portion of amounts payable after more than one year | 42 | €28,437 | €19,118 | -€9,320 | -32.8% |
| Trade debts | 44 | €154,907 | €200,353 | +€45,446 | +29.3% |
| Suppliers | 440/4 | €154,907 | €200,353 | +€45,446 | +29.3% |
| Taxes, remuneration and social security | 45 | €13,874 | €34,047 | +€20,174 | +145% |
| Taxes | 450/3 | €7,253 | €22,298 | +€15,045 | +207% |
| Remuneration and social security | 454/9 | €6,620 | €11,749 | +€5,129 | +77.5% |
| Other amounts payable | 47/48 | €158,888 | €157,967 | -€922 | -0.6% |
| Remuneration, social security and pensions | 62 | €61,467 | €62,510 | +€1,043 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,976 | €42,810 | -€1,167 | -2.7% |
| Other operating charges | 640/8 | €2,133 | €1,371 | -€762 | -35.7% |
| Non-recurring operating charges | 66A | €8,469 | €0 | -€8,469 | -100% |
| Gross operating margin | 9900 | €83,984 | €106,844 | +€22,861 | +27.2% |
| Operating profit (loss) | 9901 | -€32,062 | €154 | +€32,215 | |
| Financial income | 75/76B | €3,667 | €7,113 | +€3,446 | +94.0% |
| Recurring financial income | 75 | €3,667 | €7,113 | +€3,446 | +94.0% |
| Financial charges | 65/66B | €2,806 | €13,112 | +€10,306 | +367% |
| Recurring financial charges | 65 | €2,806 | €13,112 | +€10,306 | +367% |
| Profit (loss) for the period before taxes | 9903 | -€31,200 | -€5,845 | +€25,355 | +81.3% |
| Income taxes | 67/77 | -€22 | €479 | +€501 | |
| Profit (loss) for the period | 9904 | -€31,178 | -€6,324 | +€24,854 | +79.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,178 | -€6,324 | +€24,854 | +79.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.